Shiba Inu Price Analysis: SHIB Whales Buy $63.7M After 12% Drop

Main notes

• The adult SHIB holders accumulated huge sites during the 12 % decrease, as it spent about $ 63.7 million on the symbols.
• The mechanism of burning the currency actually stopped at a 93.93 % decrease in destructive symbols over 24 hours.
• Recovery prospects depend on whether the Pisces investors will get profits at the critical resistance level 0.00001558.

Shiba Inu (SHIB) is in a state of frenzy after the price of the cryptocurrency has decreased by more than 12 % over 24 hours. Senior holders bought more than 4.66 trillion coins for about $ 63.7 million while declining as hopes for a strong recovery.

The decrease in prices coincided with the daily graying rate of the abyss. According to the post on the X of the Shibburn account, the number of distinctively burned symbols has decreased by 24 hours by 93.93 %. This caused the scenario of dual powers

Gray
0.000014 dollars



24 hours fluctuation:
1.7 %


The maximum market:
$ 8.20 b



Folder. 24h:
358.86 dollars

The price of the decrease from a week’s height from 0.00001594 to its lowest level at 0.00001304.

SHIB update every hour$ Shib Price: 0.00001313 dollars (1 hour -1.63 % ▼ | 24 hours -12.92 % ▼)
The maximum market: 7,719,136,447 dollars (-13.13 % ▼)
Total offer: 589,248,565,276,845

Burned symbols
Past 24 hours: 225,774 (-93.93 % ▼)
The past 7 days: 134,511,674 (377.53 % ▲)

– Shibburn (Shibburn) July 24, 2025

SHIB trading volume increases by 15.47 % of the time of publishing this article, According to CoinmarketCap. This folder may be an indication of a strategy to achieve profits with a movement of main resistance prices by about 0.00001558 and purchase that occurs as prices approach a low threshold at about $ 0.00001300, According to the analysis. As of the time of publishing this article, SHIB maintains less than 0.00001400 dollars.

SHIB recovery depends on the whale strategy at the critical resistance level

The main question that remains, assuming that these whale purchases continue to increase the price recovery, is whether Nearly 74 % of the SHIB ecosystemYou will participate in obtaining profits in or about 0.00001558 resistance threshold. Current data indicates about 42 % of profit holders already.

As Coinspeaker reported on July 16, SHIB was previously a rupture throughout the month of July, as it reached the highest social value point since January amid the increase of the Crypto market in the market accompanied by US President Donald Trump. In mid -July, what analysts indicate as the “Golden Cross” chart, which indicates a 35 % increase in the end of the month.

While these hopes have been destroyed now, everything was not lost. The current market movement can turn into a decrease in this week, along with enough bullish trend to complete the bounce into the resistance thresholds before the Dip- The maximum market is still strong at 8.16 billion dollars.

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Slip: Coinspeaker is committed to providing unbiased and transparent reports. This article aims to provide accurate and timely information, but it should not be considered financial or investment advice. Since market conditions can change quickly, we encourage you to check your information and consult with a professional before making any decisions based on this content.

Shiba Inu (SHIB), cryptocurrency news, news

Tristan is a technology journalist and editor -in -chief with 8 years of experience in covering science, technology, financing, politics and business. Before joining Coinspeaker, he wrote for Cointelegraph and TNW.

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